Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Labor Cost Employee Hours Month January $7,300 420 February $10,199 610 March $8,440 710 April $10,087 670 May $8,790 540 June $7,831 410 July $9,790 630 $7,750 370 August Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost = $6999+ ($2.03 x Employee Hours) Required: Assume that 685 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations: 1. Calculate total variable labor cost for September. Round your answer to nearest whole number. $ 2. Calculate total labor cost for September. Round your answer to nearest whole number